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  • June 8, 2008 at 9:42 PM #219922
    toddt
    Participant

    Breeze – this is where your emotions get the best of you and you go into your pschizo double-posts…

    You’re only stated reason for raising taxes on those who make more than 250k is because it’s more than you make. There has to be a more elegant argument you can make here. If not, then stop trying.

    Maybe to stimulate your thinking, here’s mine… A progressive income tax tied to cost of living by MSA. This is not what we have. Our current tax system does not accomodate cost of living indices in the slightest, even at the state level. It leaves folks making 250k in CA at a much lower, albeit better than middle-class, standard of living than 250k earners in TX. The 250k number is arbitrary, and this same school of thought holds true at all income levels. Even yours. This is why you should expand your thinking on this.

    June 8, 2008 at 9:48 PM #219766
    waiting for bottom
    Participant

    “I wonder what you expect out of life where that much money isn’t rich to you?”

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    June 8, 2008 at 9:48 PM #219861
    waiting for bottom
    Participant

    “I wonder what you expect out of life where that much money isn’t rich to you?”

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    June 8, 2008 at 9:48 PM #219875
    waiting for bottom
    Participant

    “I wonder what you expect out of life where that much money isn’t rich to you?”

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    June 8, 2008 at 9:48 PM #219907
    waiting for bottom
    Participant

    “I wonder what you expect out of life where that much money isn’t rich to you?”

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    June 8, 2008 at 9:48 PM #219927
    waiting for bottom
    Participant

    “I wonder what you expect out of life where that much money isn’t rich to you?”

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    June 8, 2008 at 9:49 PM #219753
    waiting for bottom
    Participant

    “$250K/year is more than I make, so I say tax the hell out of that bracket. I just sent a letter to Feinstein in support of raising taxes on singles or couples making more than $250K/year. Everyone needs to pay their fair share.”

  • I agree that everyone needs to pay their fair share. But why should I have to pay 40% on my incremental earnings when someone else only has to pay 20%?
  • Eventually, we will just remove my wife from the work force and there will be one less school teacher in the world. That’s exactly what we need…
June 8, 2008 at 9:49 PM #219848
waiting for bottom
Participant

“$250K/year is more than I make, so I say tax the hell out of that bracket. I just sent a letter to Feinstein in support of raising taxes on singles or couples making more than $250K/year. Everyone needs to pay their fair share.”

  • I agree that everyone needs to pay their fair share. But why should I have to pay 40% on my incremental earnings when someone else only has to pay 20%?
  • Eventually, we will just remove my wife from the work force and there will be one less school teacher in the world. That’s exactly what we need…
    • June 8, 2008 at 9:49 PM #219860
    waiting for bottom
    Participant

    “$250K/year is more than I make, so I say tax the hell out of that bracket. I just sent a letter to Feinstein in support of raising taxes on singles or couples making more than $250K/year. Everyone needs to pay their fair share.”

  • I agree that everyone needs to pay their fair share. But why should I have to pay 40% on my incremental earnings when someone else only has to pay 20%?
  • Eventually, we will just remove my wife from the work force and there will be one less school teacher in the world. That’s exactly what we need…
    • June 8, 2008 at 9:49 PM #219894
    waiting for bottom
    Participant

    “$250K/year is more than I make, so I say tax the hell out of that bracket. I just sent a letter to Feinstein in support of raising taxes on singles or couples making more than $250K/year. Everyone needs to pay their fair share.”

  • I agree that everyone needs to pay their fair share. But why should I have to pay 40% on my incremental earnings when someone else only has to pay 20%?
  • Eventually, we will just remove my wife from the work force and there will be one less school teacher in the world. That’s exactly what we need…
    • June 8, 2008 at 9:49 PM #219912
    waiting for bottom
    Participant

    “$250K/year is more than I make, so I say tax the hell out of that bracket. I just sent a letter to Feinstein in support of raising taxes on singles or couples making more than $250K/year. Everyone needs to pay their fair share.”

  • I agree that everyone needs to pay their fair share. But why should I have to pay 40% on my incremental earnings when someone else only has to pay 20%?
  • Eventually, we will just remove my wife from the work force and there will be one less school teacher in the world. That’s exactly what we need…
    • June 8, 2008 at 9:55 PM #219783
    Arty
    Participant

    I wonder what you expect out of life where that much money isn’t rich to you?

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    I would love to see how this add up to 200k or 250k.

    Rent (or mortgage) 3000*12 = 36,000

    Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.

    June 8, 2008 at 9:55 PM #219877
    Arty
    Participant

    I wonder what you expect out of life where that much money isn’t rich to you?

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    I would love to see how this add up to 200k or 250k.

    Rent (or mortgage) 3000*12 = 36,000

    Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.

    June 8, 2008 at 9:55 PM #219890
    Arty
    Participant

    I wonder what you expect out of life where that much money isn’t rich to you?

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    I would love to see how this add up to 200k or 250k.

    Rent (or mortgage) 3000*12 = 36,000

    Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.

    June 8, 2008 at 9:55 PM #219924
    Arty
    Participant

    I wonder what you expect out of life where that much money isn’t rich to you?

    Like I told our senator, I will gladly open my books to anyone who wants to see. After $3K rent, utilities, two card payments (Altima & Minvan – no luxury), student loans, daycare, groceries, insurance, retirement and college savings – I have nothing left over.

    Tax me more and I just save less for retirement and for my kids college. Just what we need in this country – less savings.

    I would love to see how this add up to 200k or 250k.

    Rent (or mortgage) 3000*12 = 36,000

    Edited: My mistake assume you currently paying 35% tax. You are at 158,900. Although, I think you are only paying 28%.

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